Bitcoin has seen a significant dip but has now retested the crucial $91,000 support level, leading analysts to believe that potential stabilization is on the horizon. Breaking the current trendline is seen as essential for BTC to reclaim the psychological mark of $100,000. The recent surge in price, with a 5% increase in the last 24 hours, brings Bitcoin closer to this important milestone. Analysts predicted that Bitcoin would retrace before resuming its upward trend, and the current stability around $91,000 is critical for its continued upward momentum. The growing confidence of institutional investors through vehicles like ETFs, as well as MicroStrategy's continued Bitcoin purchases, has helped support the cryptocurrency and contribute to its recent uptick in price.



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